ChainLink (LINK) Buy ZoneChainLink (LINK) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
Overall Market Structure for ChainLink remains mid-term bullish and long-term bullish, and currently rejecting from the long-term support.
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$LINK/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 14.1 - 14.9
TP 1 : 15.3
TP 2 : 15.8
TP 3 : 16.55
TP 4 : 17.5
TP 5 : 18.6
TP 6 : 19.4
TP 7 : 20.7
TP 8 : 22.5
Stop Loss : 13.3
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Chainlink
LINK (ChainLink) Weekly Trade Follow Up. BINANCE:LINKBTC has lost the gains it has made on the first half of January. We are now retesting the 4-year long trendline that has held as strong support after reversing off of the 0.236 Fib line above. We did anticipate such a move in preparation for higher highs. However, we haven't yet gotten confirmation that LINK will not break below the strong support. The current weekly candle is only one day old. Zooming in to the daily, we don't see signs of reversal either. It is crucial to see a bullish pin bar (hammer candle) before setting up for re-entry. The stop loss will be just below the 3600 Satoshi support line. Breaking that line signals that LINK is too weak to surpass the recent high of 0.236 Fib.
Current market volatility makes this trade risker than usual. Therefore, lower capital should be allocated on it. The reason is that I would not be surprised if during this week, price breaks below 3600 Satoshi and rebounds back to 4500 Satoshi above the rising trendline.
Summary:
If you're not holding a position in LINK, then wait for reversal signal.
If you are holding a position, then set a generous stop loss below 3600 Satoshi and reduce your position such that the loss is manageable. You can always re-enter this trade after we see reversal. Remember that our target is at 16k Satoshi in May or July. It's better to enter with more confidence even if you waste the perfect entry.
Good luck
LINKUSD 15 minute 2/16/22 - Waiting for the Old GuardIt is probably the most fascinating moment in my experience of economical history. very telling of our worlds Governments. Are they for us or against us. Canada once a place deemed "more free" than USA, is now trying to figure out how to control its people by limiting their money. The forced a project of fundraising to return money as opposed to supporting people who do not want vaccine. our government pulled XRP and at least for me, stole my money and potential to make money. I Have no idea what they did with my XRP. Im sure others who refused to sell also just had their account wiped. Weird. Especially when you look at Governments and their players making deals with banks. if they accept change and pivot they must see how developments like chainlink can add to oversight and offer trust for the people. The fact that we elect someone does not mean that someone has the ability of self control. A smart contract offers Mutual trust. Preset terms. and a better democracy. In my opinion this is the carrot. Democracy has not been achieved and the people in control see it rising and are afraid of the unknown. This is why they add to the unknown with confusion and distrust. We are all so fortunate to witness this point in history. Where our ancestors were used by power we may finally get the chance to wield the power and dilute its extremes to a balance.
Chainlink (LINK) Analysis | Weekly TimeframeChainlink (LINKUSD) is also one of the TOP/major altcoins within the market by capitalization and it doesn't look like it is going to go up.
There can be a bounce right away at support... Hold on, let's start from the beginning.
We are looking at the weekly timeframe/long-term chart for Chainlink vs the Dollar.
Prices are trading below EMA100/50/10.
A new high was hit back in May 2021 followed by lower highs.
The MACD is strongly bearish below zero and also below support.
Last weeks candle closed bearish after a rejection at EMA100.
This can lead to a test of the next important support level at around $12.38.
This is the Fib. retracement level 0.786 of the full bullish wave from March 2020 until May 2021.
If this level holds as prices drop, we can see a bounce (blue arrow).
After this bounce we can examine the chart again.
If the Fib. retracement level does not hold, we will see a strong crash... Maybe we will just see a long wick down and then prices start to grow, who knows...
But this is also part of the big ones, it is looking bearish like all the other ones.
Either something changes or we are getting closer and closer to the final flush.
The markets can always change.
I hope you are enjoying the content but keep in mind that I am only reading the chart.
Namaste.
LINKBTC : LINK ready to test $65 and enter TOP 10 Market Cap ?Link has been showing strength lately. Positive price action so i thought id take a look against the Bitcoin.
Link showing lovely structure here. It has turned a resistance in to a support which is bullish . Now is just needs to hold above the 100MA.
If all goes well we will see Link gain much value against BTC. If Link makes it to previous high, Link will be $65. This brings the market cap to $31,000,000,000 (billion) which will be good enough to enter the top 10 of coin market caps, as it stands.
What are your thoughts?
Chainlink Bearish Outlook As you may know - my outlook on the major cryptos are bearish at the moment. Here is my view on Chainlink! It would be great to see the asset price below $10. I will consider making an investment if it does.
What Is Chainlink?
Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.
Disclaimer: This is not financial advice! This is for educational & entertainment purposes only! Please do your own research.
Chainlink LINKUSD - 24 hour chart patternsChainlink is being reported as at the bottom of its safe zone. I have a little bit lower but its already below it's strength line. I do like Link. i have made a great amount off of it's huge wave lengths. It like the rest of the market seems to be sitting on the edge and the fed meeting tomorrow seems to be the resistance right now. Interesting.
BITCOIN , Is it still bullish 📣🚨Hello friends
A little about bitcoin this week
Bitcoin
After jumping from $37,000, Bitcoin was able to push itself to the important $45,000 limit.
But did not get over this level and was rejected and corrected from this area
It is expected that this is a pullback to the broken level of 40k and can start the next wave from this level to 50-52k
But nothing is certain yet and we have to wait until the price reaches the level of $40000 and we will get confirmation on this issue.
Be profitable
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All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #BTCUSDT ( Bitcoin )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 12.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
LINK 3 day chart looking solid!!!!CHAINLINK (LINK) 3 DAY CHART
The purple rectangle box is the
consolidation zone along with the support box.
LINK must break above the HULL SUITE Indicator
first, then move above the red line of the Bull Market
Support ribbon, to really make this chart shine to the upside.
This Chart is showing Hidden Bullish Divergence,
which means the price has a higher low, and the RSI has a lower low.
to hit those yellow dotted lines of price targets. If
it breaks those two ribbons and breaks above the white
trendline, we could have massive moves to $100-$150 this year.
Zoom in on the chart for more notes.
WHAT IF? WHATS YOUR THOUGHTS?Nothing more than boredom here. Just a Blend of Covid Dump and September's Flash crash that has been inverted/flipped.
Breakout + or - for Chainlink Here's a simple idea on chainlinks Breakout ( red circle ) keep an eye on support and resistance marked in this graph. If it drops it could go to $10.
Chainlink (LINK) - February 9Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(LINKUSD 1W Chart)
Above the 9.8711250 point: the uptrend expected to continue.
Above 14.9592563 point: Expected to create a new wave.
It needs to rise at least 20.7294 159 points to turn into an uptrend.
However, in order to continue the uptrend, it must break out of the downtrend line.
In the CCI-RC indicator, it is expected that the upward trend will accelerate when the CCI line rises above the +100 point and above the EMA line.
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(LINKBTC 1W Chart)
Above 0.0002 195-0.0002 757 section: expected to continue upward trend
0.0003 Above 950 points: Expected to create a new wave.
It must rise above the 0.0004 674 point to turn into an uptrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AN IMPORTANT GOAL OF $23 INCOMING FOR CHAINLINK Currently sitting at the very bottom of an under-sold status on the,monthly RSI chart. Chainlink is getting ready to peak out above the negative trendline. Looking back at the daily chart, we may have found our support for further momentum upward at or near $17. This is showing our next hurdle on the 4 hr chart is going to be $22-$23 for link to assume new support at this level. I honestly see Chainlink moving further upward and this may be the last time we will see its $14-$16 price tag. Good luck and happy trading
CARDANO , Breaking the downtrend line ?Cardano
Ada has reached a very important level of support and has now been able to pull herself up
It is expected to move towards its own downtrend line and will break this line soon
But if the $ 1 support is lost, the descending targets shown in the image will be activated
📊 #ADAUSDT ( Cardano )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 02.07.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
Chainlinks future performance This will chart chainlinks performance on a 4 hour chart
The orange line represents the highs 200 days ago today and the black line represents the highs 100 days ago today.
I placed them along the current highs as of 1500 hours today. This is just done out of morbid curiosity.
Elliott Wave Theory (Wave 5- $ 100)
Hi everyone,
A Possible scenario is shown in the chart (Target $ 100).
The pattern emerges normally between one flat and one falling lines.
Corrective wave patterns:
The best way to trade an Elliott Wave triangle is to anticipate the end of wave '5'. Sometimes this is easier said than done!